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modestly optimistic, that is, that a deal can be done. here is the president. >> i still want to get thi done. it's the right thing to do for our families and our businesses and for our entire economy. but for iediate action comedy hour is here. it is now. we are now at the point where in just four days, every american's tax rates are scheduled to go up by law. every american paycheck will get considerably smaller. that would be the wrong thing to do. gerri: no kidding. we have been telling you that for weeks. democrats and republicans alike should rename their parties the procrastination party. that is because like a lot of college freshman, they left their work until the last minute. including the 800 billion-dollar fiscal cliff that we have been talking about. a hundred billion dollars it hasn't happened yt. it's not like the deadline comes as a surprise to anybody at all, the least of all congress. they were the ones who extended the bush tax cuts. originally passed back in 20,122,010 and 2012. for two years now, they have known the i
modestly optimistic, that is, that a deal can be done. here is the president. >> i still want to get thi done. it's the right thing to do for our families and our businesses and for our entire economy. but for iediate action comedy hour is here. it is now. we are now at the point where in just four days, every american's tax rates are scheduled to go up by law. every american paycheck will get considerably smaller. that would be the wrong thing to do. gerri: no kidding. we have been...
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Dec 28, 2012
12/12
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see, in this market, it fell down after obama got reelected, but then it's been working its way back up. the fact is that i think a deal will get done and the key part is avoiding incomes under 250,000 and that's probably what they're going do. >> why is that market participant or are you speaking politically there? >> no, i'm speaking as a market participant because the spending for income for people under 250,000 in income is an important economy and that part of the economic spectrum and what they have in their pocket affects what they spend. >> and i get your point. we're a consumer-driven economy. broadway an kelly, your assessment about what happens if we don't get a deal? what happens in the markets? >> i think you saw it this morning and it looked like we're doing a full cliff dive and the market started to tank. i agree with the consumer. look at the consumer con if ied thens morning and that was driving this economy. we had consumer confidence at five-year highs and it was awful and all due to this uncertainty over the cliff. so if we can get some kind of deal that would be
see, in this market, it fell down after obama got reelected, but then it's been working its way back up. the fact is that i think a deal will get done and the key part is avoiding incomes under 250,000 and that's probably what they're going do. >> why is that market participant or are you speaking politically there? >> no, i'm speaking as a market participant because the spending for income for people under 250,000 in income is an important economy and that part of the economic...
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Dec 27, 2012
12/12
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." >> president obama cut short his holiday to try and reach a budget deal with republican opponents before the end of the year physical cliff deadline. >> anytime the speaker and republican leader come to the president and say we have a deal for you, the president's door is always open. >> told people reported dead from the storm to in the midwest. the son of pakistan paulson murdered a former prime minister benazir bhutto that pledges to fight to maintain democracy. welcome to "bbc world news." welcome to "bbc world news."
." >> president obama cut short his holiday to try and reach a budget deal with republican opponents before the end of the year physical cliff deadline. >> anytime the speaker and republican leader come to the president and say we have a deal for you, the president's door is always open. >> told people reported dead from the storm to in the midwest. the son of pakistan paulson murdered a former prime minister benazir bhutto that pledges to fight to maintain democracy....
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Jan 1, 2013
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. >> if i was worried about a deal struck by president obama and the senate? no. >> democrats incyst it would be exercise in futility that could rattle world markets. >> mercifully, worst congress in history perhaps goes out of existence in two days. if they open this up on the floor and starting to amend, you know, we'll be swearing in the new congress while they are still acting out that drama. >> yet, conservative outrage over the deal is building. especially after the congressional budget office said legislation that was supposed to help cut the deficit will now add $3.6 trillion to the national debt over the next ten years. the architect of the senate deal minority leader mitch mcconnell notes it lacks in tax cut for large portion of the public. rattling it now would likely hand the blame to the republicans. >> i can speak to the entire conference when i say we don't think taxes should be going up on anyone. but we all knew if we did nothing they would be going up on everyone today. we weren't going to let that happen. >> aide to the president incyst he w
. >> if i was worried about a deal struck by president obama and the senate? no. >> democrats incyst it would be exercise in futility that could rattle world markets. >> mercifully, worst congress in history perhaps goes out of existence in two days. if they open this up on the floor and starting to amend, you know, we'll be swearing in the new congress while they are still acting out that drama. >> yet, conservative outrage over the deal is building. especially after...
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Dec 30, 2012
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that would extend middle-class tax cut, deal with spending cuts. it's a basic plan that the president is calling for. something similar has already passed so the white house feels confident that what the president is calling for could again pass through the senate and get through the house. in order for that to happen, richard, that would involve every single democrat in the house voting for it as well as about 30 republicans. so the question is could they actually get that many republicans to vote for this pack am that the president is calling for. but politically what he is doing is essentially saying this is the plan i'm putting forth, let's get it through the senate and if it fails, it will fail through the senate house, letting republicans own that failure. putting it in a box. president obama giving the lawmakers here two options. one, to come up with their own alternative proposal. of course, that's something senate majority leader harry reid will work on. if not, he'll say put my plan to basic up or down vote. richard? >> kristen, i didn't
that would extend middle-class tax cut, deal with spending cuts. it's a basic plan that the president is calling for. something similar has already passed so the white house feels confident that what the president is calling for could again pass through the senate and get through the house. in order for that to happen, richard, that would involve every single democrat in the house voting for it as well as about 30 republicans. so the question is could they actually get that many republicans to...
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Dec 30, 2012
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we're dealing with tens of trillions of dollars in unfunded liabilities, in four years obama has done nothing on entitlement reform. nothing for four years. what has he done? chirped about raising taxes on rich people. raising taxes on rich people is what obama talks about instead of doing his job. there are two costs to this. one, if you take money out of savings and investment, which is what you're doing with this, it doesn't help, it reduces the incentives to save, invest and work and the other thing you do is you never get to reform government entitlements. >> that's not causal. >> it is, absolutely. >> that's not really. >> you live in new york i live in d.c., washington, this is all causal. the reason he's talking about tax increases is to avoid the conversation and dealing with spending restraints. that's why obama does what he does. >> the reason i doubt that, grover, is because we've all done the math and we all absolutely agree on the math that you can't get out of the deficit hole we're in by taxing rich people even if you tax them at 100%. everybody know knows that. so whe
we're dealing with tens of trillions of dollars in unfunded liabilities, in four years obama has done nothing on entitlement reform. nothing for four years. what has he done? chirped about raising taxes on rich people. raising taxes on rich people is what obama talks about instead of doing his job. there are two costs to this. one, if you take money out of savings and investment, which is what you're doing with this, it doesn't help, it reduces the incentives to save, invest and work and the...
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Dec 31, 2012
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. >> president obama said a deal is in sight and appeared at a campaign style event to remind everyone he is winning and g.o.p. is not. >> last month, republicans in congress said they would never agree to raise tax rates on the wealthiest americans. the agreement currently discussed would raise those rates, raise them permanently. >> republicans suggest the event may backfire to accuse the republican of rubbing their nose in defeat. >> the president won. we know that. he won fair and square. isn't it now time to govern? >> the president was out of line with his comments at 1:30 afternoon. this is a delegate time. i think the democrats would be embased after what the president did. >> after months of the president promising a balanced approach there are only tax hikes for rich without new spending cuts. today he hinted at more tax hikes ahead. warning republicans that the future deficit reduction will not come from cuts alone. >> if they think that is the formula for how we solve this thing, they have another thing coming. that is not how it will work. >> republicans fire back it's tim
. >> president obama said a deal is in sight and appeared at a campaign style event to remind everyone he is winning and g.o.p. is not. >> last month, republicans in congress said they would never agree to raise tax rates on the wealthiest americans. the agreement currently discussed would raise those rates, raise them permanently. >> republicans suggest the event may backfire to accuse the republican of rubbing their nose in defeat. >> the president won. we know that....
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obama is preferring a $250,000 threshold, but in the process of trying to hammer out the deal, it is raised to $400,000 or $500,0 $500,000, and the base is going to be angry about that, and that is offset by satisfaction that some of the entitlement reforms that the president had signed off on earlier such as changing the structure for social security will not likely be in this deal, and obviously, everything remains to be seen, and the estate tax is a big sticking point, because obama wants to see it go up, and the senate republicans will insist that it stay at the current rate. >> thank you, robert costa and sam stein. we will be back in a moment. this is "hardball," the place for politics. >>> welcome back to hardball. what will a deal look like if there is one? and who is going to wind up giving up more on the tax cuts for wealthy americans? harry reid insists $250,000 is a threshold, but it may not hold. joining me now is josh green of bloomberg business week. josh, for the markets, for the business community, whether it is $250,000 and i know sit is a big deal for the politicia
obama is preferring a $250,000 threshold, but in the process of trying to hammer out the deal, it is raised to $400,000 or $500,0 $500,000, and the base is going to be angry about that, and that is offset by satisfaction that some of the entitlement reforms that the president had signed off on earlier such as changing the structure for social security will not likely be in this deal, and obviously, everything remains to be seen, and the estate tax is a big sticking point, because obama wants to...
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what can you tell us about this new fiscal cliff deal that president obama has sent over to senator leaders? >> well, the power of social media to get the word out. gop sources say in the conversation with the president, he indicated that he does have a bill he would like to bring forward to the hill today. they have not seen that. it would be a package to deal with averting the fiscal cliff. we can infer from that with what the president said before he went to the family vacation in hawaii that he wanted something that would be scaled down, not a massive grand bargain that would protect the current tax rate for people who earned less than $250,000 a year or perhaps a different figure if they reached that. but trying to protect the middle class. so officials here haven't seen it yet, but this is kind of today's volley in what has been this ongoing battle. house speaker john boehner has been saying the president must act and it appears the president is prepared to do that with another offer. and senate democrats would presumably be right on board with that. hopefully we will get details some
what can you tell us about this new fiscal cliff deal that president obama has sent over to senator leaders? >> well, the power of social media to get the word out. gop sources say in the conversation with the president, he indicated that he does have a bill he would like to bring forward to the hill today. they have not seen that. it would be a package to deal with averting the fiscal cliff. we can infer from that with what the president said before he went to the family vacation in...
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this morning in an exclusive interview president obama said compromise will be a key to making a deal. >> it is very important for republicans in congress to be willing to say we understand we are not going to get 100%. we are willing to compromise in a serious way. >> senate leaders hoped to send a plan right about now. the talks have broken down. listen to what senate leader said on the floor a short while ago. >> now, i'm concerned about the lack of urgency here. i think we all know we are running out of time. this is far too much at stake for political gamesmanship. the consequences of this are too high for the american people to be engaged in a political messaging campaign. i am interested in getting a result here. >> we have been trying to come up with some counteroffer to my friends' proposal. we have been unable to do that. i had have had a conversation with the president and that this stage we are not able to make a counteroffer. >> what happens now? with us is cello o'donnell and kristen welker. >> we are sort of at a pause point. if you are looking at the tone of these lead
this morning in an exclusive interview president obama said compromise will be a key to making a deal. >> it is very important for republicans in congress to be willing to say we understand we are not going to get 100%. we are willing to compromise in a serious way. >> senate leaders hoped to send a plan right about now. the talks have broken down. listen to what senate leader said on the floor a short while ago. >> now, i'm concerned about the lack of urgency here. i think we...
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some of what you heard president obama say yesterday in his remarks. now mitch mcconnell's role has been obviously to -- he's been in touch obviously with house republicans. it's not as if he brokered a deal for senate republicans in a vacuum without considering the house. he brokered that deal very much considering what house republicans would accept. he didn't obviously want his republicans to be kind of joining in on something that didn't have a chance of passing the house. but at this point, it's up to john boehner to see how much support he has for the bill with or without amendments and whether he can move forward today or if it's going to be delayed. e we should find that out shortly. >> brianna keilar live for us at the white house, thank you. also we're going to keep an eye on washington today. we'll be live throughout the day to just see what the house plans to do. and then coming up we're going to get the pulse of the people too. back in a moment. >>> we're all keeping a close eye on the house today to see e what those house members decide t
some of what you heard president obama say yesterday in his remarks. now mitch mcconnell's role has been obviously to -- he's been in touch obviously with house republicans. it's not as if he brokered a deal for senate republicans in a vacuum without considering the house. he brokered that deal very much considering what house republicans would accept. he didn't obviously want his republicans to be kind of joining in on something that didn't have a chance of passing the house. but at this...
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so mitch mcconnell, speaker john boehner, they have to deal with the fact that president obama was reelected to raise taxes on the top 2% and speaker boehner and the republicans can't get their hands around their caucus, then the blame is on them. >> jarret, what do you think about all of this? you deal with the policy. you deal with the numbers. there has been some offers from the president, even to the chagrin of hi base. how do you make where we are? >> well, listening to the three of you and your introduction, i'm just struck a real low point in american politics over a period when there's been pretty good kovcompetition for the low of the low points. i'm also really kind of moved by the really political malpractice going on. we have an economic recovery on going. >> by the way, you don't really hear people talking about the unemployment rate. you're working to build on the momentum of this recovery. help them prove it so american households can get ahead on their own. through working hard. not through any tax breaks or anything like that. but through getting back to work and getting the
so mitch mcconnell, speaker john boehner, they have to deal with the fact that president obama was reelected to raise taxes on the top 2% and speaker boehner and the republicans can't get their hands around their caucus, then the blame is on them. >> jarret, what do you think about all of this? you deal with the policy. you deal with the numbers. there has been some offers from the president, even to the chagrin of hi base. how do you make where we are? >> well, listening to the...
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Dec 29, 2012
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that president obama offered him then. mr. boehner wants another bite at that 2011 deal, because back then, the president was offering to stop at $800 billion in new taxes. my prediction here right now is that in a few weeks or a few months, republicans are going to wish they could go back to 2012, right now, and get the deal president obama offered them a week ago, which only raised about $1.2 trillion in taxes. because here's what i think is going to happen now. if we get a small deal before we go over the fiscal cliff, either because harry reid and mitch mcconnell come to a deal in the senate, or because democrats jam the republicans in congress, it's mostly going to be about extending the bush tax cuts for the middle class, which will mean letting them expire for the rich. that will net somewhere around $600 billion in new tax revenue. the white house will pocket that. they will have got in three quarters of what they wanted last year, before even the negotiations had really kicked off. then we're going to go over the
that president obama offered him then. mr. boehner wants another bite at that 2011 deal, because back then, the president was offering to stop at $800 billion in new taxes. my prediction here right now is that in a few weeks or a few months, republicans are going to wish they could go back to 2012, right now, and get the deal president obama offered them a week ago, which only raised about $1.2 trillion in taxes. because here's what i think is going to happen now. if we get a small deal before...
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president obama put a deal on the table that made significant concessions to the republicans. if they had bought that deal, we would have bought about ten years of relative fiscal stability. i think we can still get around to making a reasonable deal after the deal. but this is a terrible way to govern and a terrible way to run our government. any business likes to have some way of planning. so do government agencies. by having these deadlines makes it hard for people who are trying to make the government work. >> always great to talk to you, my friend. thank you. >> thank you. >>> much more ahead as the nation inches forwards the everyone of the fiscal cliff. and at the top of the hour, david gregory's interview made news from "meet the press." that's coming up, too. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference.
president obama put a deal on the table that made significant concessions to the republicans. if they had bought that deal, we would have bought about ten years of relative fiscal stability. i think we can still get around to making a reasonable deal after the deal. but this is a terrible way to govern and a terrible way to run our government. any business likes to have some way of planning. so do government agencies. by having these deadlines makes it hard for people who are trying to make the...
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republican senator lindsay graham expressing optimism on deal and president obama is calling out lawmakers for rejecting offers for last month. >> what do you think the chances of a small deal in the less 48 hours to avoid the cliff? >> exceedingly good. i think what have we accomplished, a political vick for the president. the president has stood his ground. he is going to get tax rate increases but upper income americans and sad news for the country we have accomplished very little of not becoming greece. this won't affect the debt situation. it will be a political victory for the president and i hope we'll have the courage of our convictions when it comes time to raise the debt ceiling to fight for what we believe in. but hats off to the president. >> we have been talking to the republicans since the election has been over. they have had trouble to say yes to a number of repeated offers. >> so what kind of deal if any can we expect before the clock runs out? joining us for a fair balanced debate, tony is here, national political correspondent for talk radio news service and fox news con
republican senator lindsay graham expressing optimism on deal and president obama is calling out lawmakers for rejecting offers for last month. >> what do you think the chances of a small deal in the less 48 hours to avoid the cliff? >> exceedingly good. i think what have we accomplished, a political vick for the president. the president has stood his ground. he is going to get tax rate increases but upper income americans and sad news for the country we have accomplished very...
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if that's the case how long will president obama realistically have to deal with gun control and immigration not to mention his plans for infrastructure and even green energy? >> that's the problem. if you remember, right after the election, after latinos came out and overwhelming numbers to support democrats and president obama's re-election, the president said one of the first things i want to do in january is immigration. let's tackle that. there was a lot of disappointment among especially the latino community about the president's push on that. in the first term he was dealing with other things. he said we'll do that in january. then you had this terrible situation in sandy hook elementary school in connecticut. the president said one of the first things i want to do in january, i'm going to push on gun control. vice president biden is heading this commission and is supposed to come back with recommendations. yet you see vice president biden on the hill yesterday dealing with the fiscal cliff. if you're going to have two more months of positioning on the fiscal cliff, how deep does the
if that's the case how long will president obama realistically have to deal with gun control and immigration not to mention his plans for infrastructure and even green energy? >> that's the problem. if you remember, right after the election, after latinos came out and overwhelming numbers to support democrats and president obama's re-election, the president said one of the first things i want to do in january is immigration. let's tackle that. there was a lot of disappointment among...
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, something even president obama commented upon himself on monday. >> one thing we can count on with respect to this congress is that if there is even one second left before you have to do what you're supposed to do, they will use that last second. >> and joining us now from capitol hill, democratic congresswoman debby wassermann schultz of florida who also serves as the dnc chair. thank you for joining me. >> thank you, mara. great to be with you. happy new year. >> in about an hour your conference meets on this bill. in attendance will be vice president joe biden. is it going to be difficult to sell your party on this deal? >> well, i think that we're going to come together in about an hour as a democratic caucus and hear the vice president out. there are a lot of good things in this bill that make sense and that i think it will ultimately earn the overwhelming majority of house democratic votes. we made sure that as we committed throughout this last campaign that we would not allow taxes to increase on 98% of americans that's in this deal. we made sure that we pushed off a really
, something even president obama commented upon himself on monday. >> one thing we can count on with respect to this congress is that if there is even one second left before you have to do what you're supposed to do, they will use that last second. >> and joining us now from capitol hill, democratic congresswoman debby wassermann schultz of florida who also serves as the dnc chair. thank you for joining me. >> thank you, mara. great to be with you. happy new year. >> in...
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president obama said a deal was in sight, but he slammed congress for stalling and for failing to reach a broader agreement. sources say the senate will try to vote tonight. we're not going to have a house vote tonight because the house has already adjourned until tomorrow, noon eastern time, which means we will not be able to solve this problem fully tonight if it gets solved at all. that's still not entirely clear. let's go to jessica yellin. if you've been watching over the last several hours, you get conflicting information. is there a deal or not? >> the white house is optimistic there will be a deal. republicans in the senate are confident there will be a deal. senate democrats are still holding out for more changes in this deal. and so right now, there's still that last haggling over certain sticking points that democrats want to see in this negotiation. and it's one of the reasons we understand that vice president biden is set to go up there. now, that's once the deal is done and sealed. the reason the vice president would go up there, it's to sort of sell the deal, basically, a
president obama said a deal was in sight, but he slammed congress for stalling and for failing to reach a broader agreement. sources say the senate will try to vote tonight. we're not going to have a house vote tonight because the house has already adjourned until tomorrow, noon eastern time, which means we will not be able to solve this problem fully tonight if it gets solved at all. that's still not entirely clear. let's go to jessica yellin. if you've been watching over the last several...
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so to me, the president actually wants an argument more than a deal. he could have been helpful and instrumental in getting things done every six months to go through a budget crisis with president obama, he could figure out a way to lead and bring people together earlier. they can't call in mitch mcdonnell until the 26th and complain he was there at the last minute. i think there's a lot to be done to improve legislative affairs at the white house and would ultimately help president obama. >> and said about that, but mcconnell is still is late, he could have imposed himself, and not the way he does it. here is the fundamental problem. leaving aside the policy issue which i know is important to you all. if i get down to politics on bumper stickers, you're holding all of this up, including people's tax cuts it defend millionaires, that's all we have to say. >> and the democrats all agree that the bush tax cuts were the-- were good for the economy. that's had an amazing concussion that you're making-- >> and you're making -- let me finish here. the argum
so to me, the president actually wants an argument more than a deal. he could have been helpful and instrumental in getting things done every six months to go through a budget crisis with president obama, he could figure out a way to lead and bring people together earlier. they can't call in mitch mcdonnell until the 26th and complain he was there at the last minute. i think there's a lot to be done to improve legislative affairs at the white house and would ultimately help president obama....
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. >> reporter: president obama sitting down for his first sunday morning talk show interview in over three years told nbc it's time for lawmakers to nail down a deal. >> we don't yet see an agreement, and now the pressure is on congress to produce. >> reporter: republicans and democrats going back and forth behind closed doors, working through the night, trying to avoid some of the most painful tax hikes and spending cuts in our nation's history. >> there's still significant distance between the two sides. but negotiations continue. >> reporter: a possible sign of progress came when vice president joe biden rushed back from delaware to the white house to work the phones and reach out to republican senator mitch mcconnell, who he's worked with on many deals over the years. >> we're willing to work with whoever, whoever can help. no single issue that remains an impossible sticking point. >> reporter: if these talks fail overnight, senate majority leader harry reid says he'll push a white house fall back bill, raising taxes only on families making over $250,000 a year, and also extend u
. >> reporter: president obama sitting down for his first sunday morning talk show interview in over three years told nbc it's time for lawmakers to nail down a deal. >> we don't yet see an agreement, and now the pressure is on congress to produce. >> reporter: republicans and democrats going back and forth behind closed doors, working through the night, trying to avoid some of the most painful tax hikes and spending cuts in our nation's history. >> there's still...
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right now to do a deal? >> reporter: that is the suspicion that's shared by a lot of republicans taking it, steve, as almost an article of faith of three weeks, a month, that the president actually wants to go over the cliff and i'm not sure if that's true. i have no way of knowing if that's true. i kind of doubt it. if you look at it, the republicans lose a lot of leverage. they have painted themselves in to this corner. there's no denying that fact. john boehner obviously we know what happened last week. sifting through the wreckage of the plan "b." gone back to plan "a," a bill passed by the congress and extending tax cuts for everyone and sent to the senate. they don't expect the senate to take that. use that as a legislative vehicle and what's today? saturday. new year's eve is -- sorry. today's friday. too much holiday cheer. but come on. i mean -- >> he will be working the weekend. >> reporter: i am. oh my god. i don't want to get started on that. but anyway, you know, there's a lot at stake here. and
right now to do a deal? >> reporter: that is the suspicion that's shared by a lot of republicans taking it, steve, as almost an article of faith of three weeks, a month, that the president actually wants to go over the cliff and i'm not sure if that's true. i have no way of knowing if that's true. i kind of doubt it. if you look at it, the republicans lose a lot of leverage. they have painted themselves in to this corner. there's no denying that fact. john boehner obviously we know what...
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in the last-ditch effort to reach a deal. is it too late for a grand bargain? we'll talk with new york congressman meeks about that. >>> plus, while school kids take a much-needed holiday break, there are certain officials in some states discussing arming our teachers to prevent a tragedy like sandy hook. could we see more teachers taking up arms in the new year? >>> scrambling to fill the massachusetts senate seat. do they have a star to take on scott brown in a special election? i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket. now tell the world daniel... of pepto-bismol to-go. of green giant vegetables it's easy to eat like a giant... ♪
in the last-ditch effort to reach a deal. is it too late for a grand bargain? we'll talk with new york congressman meeks about that. >>> plus, while school kids take a much-needed holiday break, there are certain officials in some states discussing arming our teachers to prevent a tragedy like sandy hook. could we see more teachers taking up arms in the new year? >>> scrambling to fill the massachusetts senate seat. do they have a star to take on scott brown in a special...
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Dec 31, 2012
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president obama will be watching with the rest of country for a deal to be hammered out. he thinks republican leaders need to bend. >> congress has not been able to get this stuff done not because democrats in congress don't want to go ahead and cooperate but because i think it's been very hard for speaker boehner and republican leader mcconnell to accept the fact that taxes on the wealthiest americans should go up a little bit and as part of an overall deficit reduction package. >> i'm joined by congresswoman barbara lee a democrat from california. good to see you. good morning. >> good to see you. glad to be with you. >> let me give you the republican perspective. it is that some indications they are willing to give on taxes whether 400 or 450,000, that yesterday they floated this idea of changing social security. they've backed off on that. they apparently are willing to give on some of these estate taxes. the democrats are willing to give on some of the estate taxes. but what the republicans want is they say that this deal that's being offered looks like it actually p
president obama will be watching with the rest of country for a deal to be hammered out. he thinks republican leaders need to bend. >> congress has not been able to get this stuff done not because democrats in congress don't want to go ahead and cooperate but because i think it's been very hard for speaker boehner and republican leader mcconnell to accept the fact that taxes on the wealthiest americans should go up a little bit and as part of an overall deficit reduction package. >>...
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Dec 31, 2012
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do we expect something like that, obama, the deal maker, obama the praying mattist, to use democrats in the congress in that way, or not? >> i don't see their incentives as being that much different. i do think that president obama, the leader of the democratic party, really has the leverage. i don't -- i expect that if there is a deal, that democrats don't like, you'll hear grumbling from the democrats, but i would be very surprised if you hear outright revolt. what democrats in congress want is more money. that's what president obama is facing. a full second term of under very constrained circumstances. he wants more rev new. i think he also wants, as much as he feels like he has that sword over republicans, the fact is if the economy goes into recession, that is going to affect the prospects for a successful second term for him and n a profound way. >> congressman cummings, if i still have you, i'm interested in your take on this. i think some friction between even a democratic controlled white house and a democratic controlled house or a democratic controlled congress, there is s
do we expect something like that, obama, the deal maker, obama the praying mattist, to use democrats in the congress in that way, or not? >> i don't see their incentives as being that much different. i do think that president obama, the leader of the democratic party, really has the leverage. i don't -- i expect that if there is a deal, that democrats don't like, you'll hear grumbling from the democrats, but i would be very surprised if you hear outright revolt. what democrats in congress...
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Dec 24, 2012
12/12
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president obama on friday saying he would accept a deal as long as it does not allow taxes to go up on middle class americans, as long as it extends unemployment insurance and lays the groundwork for deficit reduction in the future. so there's sort of scaling back their expectations. house speaker boehner tried to get an alternative bill passed through the house last week. that failed. the focus shifts to the senate. reid and mcconnell will really be charged with trying to hammer out the fine details of that deal that can make it through the senate and through the house so that is the challenge moving forward. of course, president obama here in hawaii for his christmas cray case. he played some golf over the weekend. also, attended the memorial service for the late senator daniel inouye. thomas, on a much lighter note, he asked me had i taken my flip flops out last hour. i hadn't but i did since my work is wrapping up for you guys, flip flops are out and i'm ready to join those folks on the beach behind me. >> i'm very proud of you. i don't want to jinx this by talking about when you m
president obama on friday saying he would accept a deal as long as it does not allow taxes to go up on middle class americans, as long as it extends unemployment insurance and lays the groundwork for deficit reduction in the future. so there's sort of scaling back their expectations. house speaker boehner tried to get an alternative bill passed through the house last week. that failed. the focus shifts to the senate. reid and mcconnell will really be charged with trying to hammer out the fine...
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Dec 29, 2012
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president obama wants us to go off. he is going to come back with a larger plan, the obama tax cuts. then he will be able to reinstate those across-the-board sequestration cuts to gut things like defense, national institutes of health. he will be able to reinstate a lot of programs and give his caucus the opportunity to say, look, i am voting for something and to restore tax cuts for the middle class. i am voting to restore the great things. and the republicans are going to be in a really tough position because no one's going to say, let's vote to restore the tax cuts for the rich. this is his game plan from day one. >> what's the alternate sniff $250,000 and above -- everything we see -- obama is not offering cuts at all. he is lock looking for spending. >> he is managing the message. so it seems like he's being conciliatory. boehner hassen a lot of heat. he has taken a ton of slack on this. he was given a tential hand of cards. but he came to the table. he tried to at least bring something to the floor. mitch mcconnel
president obama wants us to go off. he is going to come back with a larger plan, the obama tax cuts. then he will be able to reinstate those across-the-board sequestration cuts to gut things like defense, national institutes of health. he will be able to reinstate a lot of programs and give his caucus the opportunity to say, look, i am voting for something and to restore tax cuts for the middle class. i am voting to restore the great things. and the republicans are going to be in a really tough...
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Dec 29, 2012
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get this basic deal done that he's calling for. richard, one of the things that he said is that this is not how the american people do business. he said ordinary folks do their jobs. they need deadlines. and the fact that the lawmakers can't do it is boggling to many of them. so the president really trying to ramp up public pressure. this is something that we have seen him do in the past. a tactic that he has taken in the past to really try to get the public on his side to put the pressure on house republicans. >> kristen, thank you for all of your work tonight. >> joined now by joy reed and clarence page. let's just take a listen to what kristen was talking about. let's roll the tape. >> the president seemed to be >> the president seemed to be much more comfortable today saying enough is enough. >> it did. he sounded like a man who knows he holds if not all the cards, a lot of them. he has the advantage here, the polls indicate, as with bill clinton and this showdown with newt gingrich. the public tends to blame republicans when t
get this basic deal done that he's calling for. richard, one of the things that he said is that this is not how the american people do business. he said ordinary folks do their jobs. they need deadlines. and the fact that the lawmakers can't do it is boggling to many of them. so the president really trying to ramp up public pressure. this is something that we have seen him do in the past. a tactic that he has taken in the past to really try to get the public on his side to put the pressure on...
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Dec 30, 2012
12/12
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president obama wants us to go off. he is going to come back with a larger plan, the obama tax cuts. then he will be able to reinstate those across-the-board sequestration cuts to gut things like defense, national institutes of health. he will be able to reinstate a lot of programs and give his caucus the opportunity to say, look, i am voting for something and to restore tax cuts for the middle class. i am voting to restore the great things. and the republicans are going to be in a really tough position because no one's going to say, let's vote to restore the tax cuts for the rich. this is his game plan from day one. >> what's the alternate sniff $250,000 and above -- everything we see -- obama is not offering cuts at all. he is lock looking for spending. >> he is managing the message. so it seems like he's being conciliatory. boehner hassen a lot of heat. he has taken a ton of slack on this. he was given a tential hand of cards. but he came to the table. he tried to at least bring something to the floor. mitch mcconnel
president obama wants us to go off. he is going to come back with a larger plan, the obama tax cuts. then he will be able to reinstate those across-the-board sequestration cuts to gut things like defense, national institutes of health. he will be able to reinstate a lot of programs and give his caucus the opportunity to say, look, i am voting for something and to restore tax cuts for the middle class. i am voting to restore the great things. and the republicans are going to be in a really tough...
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this looked like president obama coming back with the same deal at 250. they are miles apart. >> kimberly: you were able to speak to people on the hill. what was your reaction? >> andrea: the president spread the stories that he will come to the table with a deal. swan dive off the fiscal cliff, hold your nose. we're going off. president obama wants to us go off hecht will come back with a largeer plan. the obama tax cut. then he will be able to reintate across-the-board sequestration cuts. 8.2% across the board. cut defense and health. they will be able to reintate a lot of programs and give his caucus the opportunity to say look, i am voting for something. i am voting to restore tax cuts for the middle class. voting to restore great thin things. republicans are in a tough position. no one will say vote to restore the tax cut for rich. this is his game plan from day one. >> eric: what is the a terptive? $250,000 and above? we see obama not oftenning cuts at all. looking for spending. >> kimberly: managing the message very well. conciliatory. >> andrea: b
this looked like president obama coming back with the same deal at 250. they are miles apart. >> kimberly: you were able to speak to people on the hill. what was your reaction? >> andrea: the president spread the stories that he will come to the table with a deal. swan dive off the fiscal cliff, hold your nose. we're going off. president obama wants to us go off hecht will come back with a largeer plan. the obama tax cut. then he will be able to reintate across-the-board...
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Dec 31, 2012
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you heard president obama concede this is not a perfect deal. he said he wanted a big deal that dealt with both tax reform and deficit reduction. you also heard him talk about the fact that the new revenues would be hundreds of billions of dollars. what he initially wanted was about $1.6 trillion so this is a compromise on his part, as well. republicans initially coming, raising their offer so they kind of came to the middle on that point. but, again, the one sticking point that remains, the sequester and what negotiators continue to hammer out. vice president biden playing a key role in the negotiations having served more than 30 years in the senate. he knows how these types of negotiations get done. really, better than anyone. he, mitch mcconnell with whom he has a strong relationship, trying to take it to the finish line. >> i guess that's something given how many sticking points we were up against before. thank you so much. >> reporter: thanks. >> any deal from the 11th hour talks will be rushed through both chambers of congress. mike viquei
you heard president obama concede this is not a perfect deal. he said he wanted a big deal that dealt with both tax reform and deficit reduction. you also heard him talk about the fact that the new revenues would be hundreds of billions of dollars. what he initially wanted was about $1.6 trillion so this is a compromise on his part, as well. republicans initially coming, raising their offer so they kind of came to the middle on that point. but, again, the one sticking point that remains, the...
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Dec 31, 2012
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end to the brinksmanship in the deal and now a two-year end and now no deal and democrats say obama just defacto negotiated and the republicans know it and we have a crisis on the hands a month from now. >> well, we will have another crisis on the hands a month from now and back here staying up in the capitol late trying to figure out what the deal is. the president said today that if it comes down to that, it's not just spending cuts but there will be revenue in there, as well. but, you know, what's the leverage then? there's an interesting question. so, it will be deja vu all over again to quote a recent speech i heard. we have to see. >> michael, i see on november 6th, 234 republicans were elected. only 15 of them from congressional districts obama won. in 2014, 14 senators will be -- will go up for re-election. 13 of them will stay and -- 12 of them in states obama did not win and like we have 2 different parallel sort of universes trying to talk to each other and republicans don't really need and are not incented to work with obama because they're coming from constituency that
end to the brinksmanship in the deal and now a two-year end and now no deal and democrats say obama just defacto negotiated and the republicans know it and we have a crisis on the hands a month from now. >> well, we will have another crisis on the hands a month from now and back here staying up in the capitol late trying to figure out what the deal is. the president said today that if it comes down to that, it's not just spending cuts but there will be revenue in there, as well. but, you...
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Jan 1, 2013
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that was a big deal. he was the main people surrogate for romney campaigning in the election for him to validate and say hey, this guy is doing a great job. didn't help days before the election. >> eric: big story. sandy. christie. two big stories. >> kimberly: yes. >> eric: juan, what about you, sir? actually i don't think there is any -- >> juan: i don't think there is any question. the big story of the year was the election. the big story here is the change in the way technology, media treats an election. i remember the debate. the first debate. won by romney. the way i was looking at it. obama is not doing bad. not doing great but basically you got to knock out the champ to beat him. it didn't see a knock-out. all my friends like sean hannity, i sit next two on twitter and they're scoring the debate minute by minute, everything going on in social media. in that case, romney was the winner. that's true with fundraising. each campaign raised $1 billion. how much money is that? for what? >> andrea: how c
that was a big deal. he was the main people surrogate for romney campaigning in the election for him to validate and say hey, this guy is doing a great job. didn't help days before the election. >> eric: big story. sandy. christie. two big stories. >> kimberly: yes. >> eric: juan, what about you, sir? actually i don't think there is any -- >> juan: i don't think there is any question. the big story of the year was the election. the big story here is the change in the way...
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. >>> looking beyond the senate deal, president obama is warning republicans that if they want future spending cuts, they're going to have to provide more tax revenue as well. >> if republicans think that i will finish the job of deficit reduction through spending cuts alone -- and you hear that sometimes coming from them, that sort of after today we're just going to try to shove only spending cuts down -- well, shove spending cuts at us. if they think that's going to be the formula for how we solve this thing, then they've got another think coming. >> that midday news conference didn't go over well with a lot of republicans, and they said that the president's sometimes mocking tone, as they felt it was, could hurt the fiscal cliff deal in the house. >> as i sort out my impressions of the president's remarks as to whether to be angry or to saddened. we have the president of the united states go over and have a cheerleading ridiculing of republicans exercise. >> let's bring in democratic strategist and former edwards communications director chris ka fiance and republican strategist and
. >>> looking beyond the senate deal, president obama is warning republicans that if they want future spending cuts, they're going to have to provide more tax revenue as well. >> if republicans think that i will finish the job of deficit reduction through spending cuts alone -- and you hear that sometimes coming from them, that sort of after today we're just going to try to shove only spending cuts down -- well, shove spending cuts at us. if they think that's going to be the...
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Dec 27, 2012
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i think they have enormous incentive to deal right now because the poll numbers show that obama's numbers are gaining. democratic numbers are gaining. they're up in the 50s. republicans are down in the 20s and 30s. i think republicans lost the economic debate for now with democrats. i think there is lot of pressure on them to get this deal done soon and then, you know, we will start all over again because there will be a presidential budget in february and we'll be back at the table, negotiating this with the republicans right away. so it is just, should be seen as a little fiscal break or a fiscal, we'll come up with a better analogy but temporary stopgap measure what will then be, we're going to be starting this debate all over again in february. heather: mark, in terms of, you know, who the blame is placed upon and in terms of the public, poll after poll does show that they will blame republicans. is that a matter of messaging from republicans and what can they do, if anything, to change that? what have they done wrong? >> number one of the rasmussen poll today showed 44% would blame r
i think they have enormous incentive to deal right now because the poll numbers show that obama's numbers are gaining. democratic numbers are gaining. they're up in the 50s. republicans are down in the 20s and 30s. i think republicans lost the economic debate for now with democrats. i think there is lot of pressure on them to get this deal done soon and then, you know, we will start all over again because there will be a presidential budget in february and we'll be back at the table,...
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Dec 26, 2012
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what president obama can learn from one of our founding fathers about wheeling and dealing. you are watching "the daily rundown" only on msnbc. becausey wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ phillips' lady ] live the regular life. phillips'. >>> the opening bell just rang on wall street. you see numbers at the new york national guard there for that wonderful occasion to get their picture taken opening up the markets. the market is opening slightly higher following president obama's announcement that he
what president obama can learn from one of our founding fathers about wheeling and dealing. you are watching "the daily rundown" only on msnbc. becausey wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is...
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Dec 31, 2012
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president obama, of course, today had that sort of campaign-style event. he has waged this public campaign to pressure congress, not only republicans, but also democrats who have expressed some skepticism about this emerging deal that is coming together. so that is part of the president's tactic as well, to not only be working the phones behind the scenes, but also to hold these public events and, of course, he sat down with david gregory this weekend on quths meet the press." that's part of his calculation as well. >> let's talk more about the political calculation. for more reaction i'm joined by nbc's luke russert. good to see you, luke. >> how are you doing? >> i want to pick up on what mike was saying, even as we were on the air house republicans were watching us and sending him e-mails saying, listen, we don't have anything to vote on. is there a sense that members on both sides of congress are feeling some pressure from their constituents even as folks are preparing to go out and pop the champagne and celebrate the new year? >> reporter: oh, yeah, s
president obama, of course, today had that sort of campaign-style event. he has waged this public campaign to pressure congress, not only republicans, but also democrats who have expressed some skepticism about this emerging deal that is coming together. so that is part of the president's tactic as well, to not only be working the phones behind the scenes, but also to hold these public events and, of course, he sat down with david gregory this weekend on quths meet the press." that's part...
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Jan 1, 2013
01/13
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the obsession, getting a deal at the very last minute. others kept saying well, you just watch, i know it looks bad now but if you wait until the stroke of midnight, we'll be there. indeed we are a, but i think th rational people say why is this that we do this at 11:59, and have terrible consequences. >> all right, ezra klein, stand by if you will. let's bring in "huffington post" ryan grim, i know you were just over joyed hearing this. but after all of this back and forth for so long, it is coming down literally to midnight. >> sure, and ezra is right. that is exactly when we would have expected it. either right at midnight or -- that is how they get things done. and the reason they do that, is because what they're trying to do is broadly unpopular. people don't support austerity. there is a certain type of industrial sector that like s austerity, but that is about it. so in order to inflict it on the people, so to speak, they have to create these artificial deadlines, saying if we don't hurt you a little bit right now then we'll have t
the obsession, getting a deal at the very last minute. others kept saying well, you just watch, i know it looks bad now but if you wait until the stroke of midnight, we'll be there. indeed we are a, but i think th rational people say why is this that we do this at 11:59, and have terrible consequences. >> all right, ezra klein, stand by if you will. let's bring in "huffington post" ryan grim, i know you were just over joyed hearing this. but after all of this back and forth for...